For Sale
8 13th St, Hialeah, Florida 33010
$3,900,000
Compelling investment opportunity to acquire Palm Avenue Motel, featuring 23 rooms in the sought after city of Hialeah. This exclusive offering allows investors a unique entry into Miami’s thriving tourism industry. Located on the vibrant Palm Avenue, the motel presents significant income growth potential through guest room renovations and optimized pricing strategies. Having a C-2- liberal zoning may provide an opportunity to redevelop. The building directly behind developed a 30 unit residential tower with rents around $1,600+ for a 1/1. Within walking distance to the City of Hialeah and public transportation. Close to airport, Miami Beach, Miami Springs, Wynwood and downtown Miami.
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Details
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Property Type: Commercial
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Property SubType: Hotel/motel
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Listing Type: For Sale
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Listing ID: A11795651
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Price: $3,900,000
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View: Intercoastal,ocean,pool
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Bedrooms: 0
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Bathrooms: 0
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Half Bathrooms: 0
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Square Footage: 0 Sqft
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Year Built: 1962
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Status: Active
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Original Property Type: Commercial Sale
Features
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Heating System : Wall Furnace, Window Unit
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Cooling System : Wall/window Unit(s)
Location
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Country US
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State FL
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County Miami-Dade
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City Hialeah
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Zipcode 33010
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Neighborhood: Hialeah
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Street: 13th St
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Street Number: 8
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Floor Number: 0
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Longitude: W81° 43' 6.4''
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Latitude: N25° 49' 59.7''
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Directions: Please use your favorite GPS app.
Additional Info
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UnBranded Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11795651
